On March 1, the Binance Cryptocurrency Exchange reported on the next IEO tokensale. Matic Network Project will participate in the sale. Tokensale is scheduled for April 24th.
Yesterday, the Binance largest exchanger published the announcement of the next tokensale at the Binance Launchpad platform. The Matic Network project, a platform for scalable and instantaneous blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details transactions, will be part of the fourth sale.
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Next tokensale on Binance Launchpad
Matic Network tokens will be sold on the Binance Launchpad platform on April 24, 2019 at 8:00 am UTC. This time the sale of tokens will be held in the lottery format. This is due to the fact that the previous IEO on the platform was criticized by users.
New tokensale began to actively comment on the network. Moreover, during the sale more than 1.9 billion MATIC tokens will be distributed. This is about 20% of the total number of MATIC coins.
"We got acquainted with the overwhelming support and interest in Launchpad projects that help unlock the great potential of the blockchain technology and contribute to the implementation of cryptography, and I believe that the Matic Network will play a key role in this future." – Binance CEO, Changphen Zhao.
This is the first sale on the exchange, which will be held in a new lottery format. The number of winning lottery tickets that will give owners the right to purchase MATIC coins is 16 666. At the same time, one ticket gives the right to purchase tokens of no more than $300 (BNB equivalent).
According to the lottery rules, one exchange account can receive only five tickets. The estimated number of lottery tickets will be calculated depending on the amount of BNB in the exchange wallet involved (for the last three weeks).
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Binance's crypto-exchange subsidiary platform, Binance Launchpad, announced a new tokensale. IEO for Matic Network. Recall that the Binance Charity foundation recently published the first results of humanitarian assistance to victims of landslides in Bududa.
Editor: Alyona Nabok